MUMBAI:In the largest commercial space transaction in Navi Mumbai, SBI Life Insurance Company has bought 1 lakh sq ft office space from L&T Realty at its mixed-use project L&T Seawoods Grand Central for Rs 140 crore, said three persons familiar with the matter.

Mumbai: State Bank of India (SBI) chairperson Arundhati Bhattacharya on Saturday called for ending the "regulatory arbitrage" enjoyed by pure-play home financiers, which can lend below their prime lending rates whereas banks cannot.

PUNE: State Bank of India (SBI) has entered into a tripartite memorandum of understanding (MOU) with online financial product aggregator bankbazaar.com and the bank's subsidiary SBI CAP Securities Ltd. (SSL) to display its housing loan products on the bankbazar website.

KOLKATA: Although the Reserve Bank of India is pushing lenders to make loans cheaper, a huge number of home loan applicants, who borrowed money from smaller housing finance companies, are yet to get the benefit of softer monetary policy.

State Bank of India’s (SBI) efforts to track down properties owned by Vijay Mallya through a detective agency yielded no results. Sources said the detectives were unable to trace property registered in Mallya’s name.

If you're interested, there is plenty of reason to cheer. State Bank of India and HDFC have brought down home loan rates while Punjab National Bank has cut retail lending rates and waived processing charges

Despite some large banks and housing finance companies reducing home loan rates a few days ago, industry-observers and planners are advising borrowers to adopt a wait-and-watch approach instead of hurriedly switching lenders.

State Bank of India, country's largest public bank on Tuesday revised interest rates on home loans. The bank will offer uniform interest rate on home loans from August 26, irrespective of the loan amount you borrow

Lenders are going all-out to woo retail borrowers ahead of the festival season as corporate loan growth continues to remain sluggish and liquidity improves. The State Bank of India and HDFC have brought down home loan rates while others like Punjab National Bank have cut retail lending rates and waived processing charges

MUMBAI: Following the Reserve Bank's move to allow minors to open and operate accounts, the State Bank of IndiaBSE 1.04 %, the nation's largest lender, today said it will start a special scheme for children shortly.

MUMBAI: Nation's largest lender State Bank of India, which is also the largest home loan player, on Wednesday extended the date of special home loan rates for new and women borrowers beyond March 31 for an indefinite period.

MUMBAI: In a move that will benefit 7.5 lakh borrowers of State Bank of India Group, the insurance regulator has asked SBI Life to refund Rs 275 crore of premium collected from policyholders, which makes it the biggest refund order in insurance history. The life insurer, which was earlier fined for mis-selling its Dhanraksha Plus LPPT through SBI and associate banks, has now been asked to refund excess commission that it has paid out of premium collected under this policy.

MUMBAI: Depressed rates in the real estate market have hit financially struggling Air India's plans to monetise its assets. The government carrier has had to cut by 90 per cent the revenue it expects from the programme in the coming financial year.